Saturday, December 20, 2014

Docker Makes Popular Software to Manage Apps. Can It Make Money? - Businessweek

Excerpt from a Docker snapshot:

"IBM, Google, and other companies had designed and used their own container technologies for years, but Hykes was the first to establish an industry standard. He did that by creating an easy-to-use interface and by making Docker an open-source project, freeing other tech companies that contributed code to create software and services they could sell to Docker users. Although Hykes and Chief Executive Officer Ben Golub have yet to demonstrate that they can make money selling versions of the software with extra features, they’ve raised $55 million in venture capital, including a $40 million round in September that valued the company at more than $400 million, says a person familiar with the financing who wasn’t authorized to discuss it publicly. “There’s an awful lot of momentum behind Docker, because it solves a lot of problems the industry has had for a long time,” says IDC’s Gillen."